Clean-energy stocks plummet as renewable energy projects prove to be too expensive, threatening America’s environmental aspirations The once-glorified clean-energy stocks are now facing their darkest days, plunging the industry into a financial abyss that threatens […]
Authored by Peter C. Earle via the American Institute for Economic Research, The bankruptcy filing of WeWork Inc. on November 6, 2023 came with neither a whimper nor a bang, but with a laconic shrug. […]
The majority of US voters are dissatisfied with President Joe Biden’s economic policies, the Financial Times reported on Monday, citing the latest monthly poll conducted by the Global Strategy Group and North Star Opinion Research. […]
NEW YORK/WASHINGTON, Nov 10 (Reuters) – Moody’s on Friday lowered its outlook on the U.S. credit rating to “negative” from “stable” citing large fiscal deficits and a decline in debt affordability, a move that drew […]
US credit card debt continued to surge in July-September this year, marking the eighth consecutive quarter of year-over-year increases, economists at the New York Federal Reserve bank said in a report this week. According to their […]
12 Nov, 2023 05:17 HomeBusiness News The annual cost of government borrowing has doubled in the past 19 months US interest payments on its national debt are estimated to have surged above $1 trillion on […]
International credit rating agency Moody’s has changed its outlook on the US from “stable” to “negative,” citing massive fiscal deficits and a notable decline in debt affordability as major reasons for the move on Friday. […]
Authored by Simon White, Bloomberg macro strategist, The market’s point of focus in the UMich data is the higher-than-expected inflation expectations figure, which potentially brings more risks to bonds. One-year inflation expectations rose to 4.4% […]
Joining Powell in the discussion are the IMF’s Gita Gopinath, Bank of Israel Governor Amir Yaron, and Kenneth Rogoff, chair of international economics at Harvard University. Thank you for the opportunity to participate in today’s panel discussion. […]
7 Nov, 2023 09:52 HomeBusiness News The country’s GDP data for Q3 is due later this week, but analysts suggest all signs point to a contraction The UK is likely already in a recession due […]
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